(10.18.17) The Block: Hyperledger adds new blockchain project called Quilt

Hyperledger has announced that is adding a new blockchain, this one named Quilt, to its roster of distributed ledger innovation projects.

Hyperledger Quilt was initiated 18 months ago and is an implementation of the Interledger Protocol, also known as ILP. The protocol helps to facilitate transactions across ledgers, trying to ease the process of making and receiving payments when the sender and recipient live in different countries or are using different networks.